East Coast Vulcan Balance Sheet Health
Financial Health criteria checks 4/6
East Coast Vulcan has a total shareholder equity of ₱1.4B and total debt of ₱528.9M, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are ₱2.3B and ₱965.4M respectively. East Coast Vulcan's EBIT is ₱130.4M making its interest coverage ratio 6.1. It has cash and short-term investments of ₱18.6M.
Key information
38.2%
Debt to equity ratio
₱528.94m
Debt
Interest coverage ratio | 6.1x |
Cash | ₱18.60m |
Equity | ₱1.38b |
Total liabilities | ₱965.40m |
Total assets | ₱2.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECVC's short term assets (₱1.1B) exceed its short term liabilities (₱582.4M).
Long Term Liabilities: ECVC's short term assets (₱1.1B) exceed its long term liabilities (₱383.0M).
Debt to Equity History and Analysis
Debt Level: ECVC's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: ECVC's debt to equity ratio has increased from 0% to 38.2% over the past 5 years.
Debt Coverage: ECVC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ECVC's interest payments on its debt are well covered by EBIT (6.1x coverage).